Just Sold! Guess the Price of this Longboat Key Condo
Posted by Marc Rasmussen on Monday, April 11th, 2011 at 4:57pm.A client of mine just purchased this lovely Longboat Key condo below. The first person (non Realtor) to guess the sales price will receive a $25.00 gift certificate to their favorite restaurant or store.








This lovely condo offers 2 bedrooms, 2 bathrooms, 1,257 square feet. The kitchen, bathrooms and flooring have been remodeled within the last few years. The kitchen had granite countertops and both the cabinets and appliances were replaced. The condo came turn key furnished. The beauty of this condo is that it is within a 2 to 3 minute walk to fabulous Longboat Key beach.
It closed roughly a week ago. Let me know what you think it closed for.
The Answer
The above unit was in the Seaplace condos on south Longboat Key. It closed for $265,000 on May 1, 2011. This condo had been on the market 1,687 days. The previous owner had paid $495,000 in March of 2006. Renovated the condo by replacing the kitchen, bathrooms and installing tile floors. Placed it back on the market in July of 2006 for $659,000 in an attempt to flip the property.
Ernestine McComas chose the right answer of $265,000!
Property sales information is public record and can be found at the Sarasota or Manatee county property appraisers website.
This is just an exercise to help people understand the Sarasota real estate market and not invade anyone's privacy.
28 Responses to "Just Sold! Guess the Price of this Longboat Key Condo"
$319,000
Posted on Monday, April 11th, 2011 at 6:28pm.
$ 325,000
Posted on Monday, April 11th, 2011 at 6:31pm.
$425,000
Posted on Monday, April 11th, 2011 at 6:33pm.
345,675
Posted on Monday, April 11th, 2011 at 6:45pm.
$369,000?
How are you Marc? Busy, I hope!
Ricki Le Vine
Posted on Monday, April 11th, 2011 at 6:49pm.
$150k
Posted on Monday, April 11th, 2011 at 6:59pm.
148,000.
Posted on Monday, April 11th, 2011 at 7:01pm.
350.00
Posted on Monday, April 11th, 2011 at 7:04pm.
$529,300
let's see... a lower level, funky windows, still looks like a high rise on LBK so 529K
Posted on Monday, April 11th, 2011 at 7:17pm.
$295,000
Posted on Monday, April 11th, 2011 at 7:23pm.
Beautiful condo in a beautiful area.
$410,000
Posted on Monday, April 11th, 2011 at 7:38pm.
399,000
Posted on Monday, April 11th, 2011 at 7:50pm.
$385,000
Posted on Monday, April 11th, 2011 at 7:55pm.
115,000.00
Posted on Monday, April 11th, 2011 at 8:02pm.
$490,000
Posted on Monday, April 11th, 2011 at 8:10pm.
$379,000
Posted on Monday, April 11th, 2011 at 8:27pm.
142500
Posted on Monday, April 11th, 2011 at 8:32pm.
269000?
Posted on Monday, April 11th, 2011 at 8:54pm.
Using only Michigan lakefront property values and the Southwest Michigan real estate market values in general as my only frame of reference, I would think this property sold for $600,000. Please donate my prize in the event I win.
Posted on Monday, April 11th, 2011 at 10:07pm.
479,000
Posted on Monday, April 11th, 2011 at 10:07pm.
109k
Posted on Monday, April 11th, 2011 at 10:16pm.
265.000.00
Posted on Monday, April 11th, 2011 at 10:25pm.
395,000
Posted on Monday, April 11th, 2011 at 11:50pm.
199k
Posted on Tuesday, April 12th, 2011 at 2:51am.
197500.
Posted on Tuesday, April 12th, 2011 at 7:00am.
Hi all. Thank you for your comments. I posted the correct sales price this morning after Ernestine McComas chose the right answer of $265,000.
Posted on Tuesday, April 12th, 2011 at 7:13am.
@Marc- What a fun idea to engage your blogging audience. We may have to try this in our market.
Posted on Tuesday, April 12th, 2011 at 6:49pm.
Print
Share
$350,000
Posted on Monday, April 11th, 2011 at 6:19pm.